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Bitcoin Multiply Times represents an ICO.   They raise money demanded for their operations from the investors.   In return, the investors are entitled to some amount of gains in the near future.   We checked FCA and FTC to find out, if that company is regulated. Unfortunately, we did not find any information about them, which is a massive concern. .

Moreover, this firm also Won't discuss any license details on their website.   They're operating from the shadows intentionally. The only contact details they comprise is an email address.

This stage States that, They've found some kind of bug in the blockchain.   Apparently, that defect has enabled these guys to scratch themselves a profit every time a transaction occurs.

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This narration will be absolutely absurd for those of you, who know how cryptocurrencies work.   They're trying to manipulate the newbie investors into thinking they know what they are talking about.

Unfortunately, many people made the mistake of trusting them and dropped their funds.   There isnt any flaws in the blockchain as they say, even though it was true, then why can they let it to the public instead of making money for themselves

Earning profits without getting exposed to risk is impossible.   However, the only thing you can do is to diversify them so that you have better probability of success.

They offer 4 Kinds of investment plans.   Gains of 1000% every day is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general gets the most amount of volatility, but it does not means these kind of gains are achievable.

The registrant contact details are untraceable.   Though, this website has been around for more than a year, there isnt enough data to trace their traffic resources. For more details about this website, see Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This firm operates in this type of unethical way That They're almost unidentifiable.   Moreover, considering the potential risks and the obvious fake return claims, we strongly advise everyone to steer clear of them.

This stage showcase couple testimonials.   All of the comments are extremely flattering.   The alleged early users talk about, how this program helped them earn a lot of money.

However, do not get carried away by those fake comments from bogus consumer profiles.   In case, if you were wondering that there isnt any way to track down those consumers.

Bitcoin Multiply Times is probably a read here ponzi scheme.   They might process some withdrawals every once in a while, but it will finally end in a dreadful way.   Whenever an opportunity too good to be accurate arises, do not impulsively make any decision, regardless of the kind of convincing narration these fraudsters come up with. .

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Recently, I have been carefully watching the bitcoin scam websites on TOR network offering dual or 100x bitcoins towards your initial investment and after having many bad efforts, I learnt that these people are really smart at luring innocent users and finally scamming them.For example, have a look at this website that I found on dark net.

There's no way these guys are generating that amount of Bitcoins from nowhere.You can inquire, how can you be so sure that those are just scams Since, the answer can be found in the open-source Bitcoin code!According into the Bitcoin code, every transaction made is supported by at least 2 nodes and then merged into block-chains.

So how can anyone mine unknown BitcoinsThat is why any site that claims to find some flaw in the Bitcoin code is merely another Ponzi scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or 100x, they'll only do that quietly. They can just take their one coin and multiply it until they reach the 21 million Bitcoin limit determined by its founder.

Every transaction made will be confirmed by some nodes and only the valid ones can enter into a block-chain. So fraudulent transactions can be easily identified by checking the different block-chains. The longest block-chain consistently wins.Transaction evidence to entice additional investorsThey might have made some genuine transactions to entice additional investors. see this page

If possible ask your friend to escape it, before he loses everything. One day there and next day gone. This stands for both the fraudulent website and the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be traced like cash. Before doing any investment, do the following checks always: Assess their credentials.

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They may be tricked by the initial high returns.Especially be careful of specifications that need you to introduce new members into the scheme.Also Watch: Hacking Bitcoins How its done1. Exchanging the local currency for bitcoinsBitcoins are on a rising trend weblink gaining recognition and traction as online money that transcends boundaries and traditional valuing of currency.